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United Auto Workers threaten to expand targeted strike if there is no substantive progress by Friday

United Auto Workers threaten to expand targeted strike if there is no substantive progress by Friday

The United Auto Workers union is stepping up pressure on Detroit’s Big Three by threatening to expand its strike unless it sees major progress in contract negotiations by Friday.
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Unifor reaches tentative deal with Ford, strike averted

Unifor reaches tentative deal with Ford, strike averted

TORONTO — Unifor says it has reached a tentative deal with Ford Motor Co. that could avoid workers going on strike. The union says the proposed contract will be brought to members shortly for a vote.
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Escalating tensions between India and Canada spark trade worries: experts

Escalating tensions between India and Canada spark trade worries: experts

TORONTO — Canada's already lagging trade with India could suffer setbacks as relations become increasingly tense, experts say.
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Aviation will need significant government support to decarbonize: WestJet CEO

Aviation will need significant government support to decarbonize: WestJet CEO

CALGARY — The CEO of Canada's second-largest airline says the global push to decarbonize the aviation sector by 2050 will lead to a major increase in ticket prices unless governments step in to offer support.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,218.89, down 273.94 points): Baytex Energy Corp. (TSX:BTE). Energy. Down 20 cents, or 3.41 per cent, to $5.66 on 11.7 million shares.
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Canadian markets fall after report that inflation rose, U.S. markets also move lower

Canadian markets fall after report that inflation rose, U.S. markets also move lower

TORONTO — Canada's main stock index fell 1.3 per cent Tuesday in a broad-based decline after the latest inflation print came in higher than expected, while U.S. stock markets also moved lower. The S&P/TSX composite index closed down 273.
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Instacart's IPO surges as the grocery delivery company goes from the supermarket to the stock market

Instacart's IPO surges as the grocery delivery company goes from the supermarket to the stock market

Instacart delivered in its stock market debut. The grocery delivery company's shares __ priced at $30 per share ahead of the IPO __ hit a peak of $42.95 Tuesday in the first few minutes of trading on the Nasdaq stock exchange.
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Swings in inflation not ‘unusual,’ but underlying price pressures still high: BoC

Swings in inflation not ‘unusual,’ but underlying price pressures still high: BoC

OTTAWA — Bank of Canada deputy governor Sharon Kozicki says swings in the inflation rate are to be expected after the latest consumer price index report showed inflation climbed in August for the second month in a row.
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Amazon to hire 6,000 workers in Canada for full-time, part-time and seasonal jobs

Amazon to hire 6,000 workers in Canada for full-time, part-time and seasonal jobs

TORONTO — Amazon.com Inc. says it is ramping up to hire more than 6,000 people across Canada. The Seattle-based e-commerce giant says the new hires will cover full-time, seasonal and part-time roles.
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Insured damages from summer storms in Alberta top $300M, estimate shows

Insured damages from summer storms in Alberta top $300M, estimate shows

EDMONTON — Severe storms in Alberta and the Prairies this summer resulted in more than $300 million in insured losses, according to initial estimates from the Insurance Bureau of Canada.
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